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20110701
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Search Results 0 to 6 of about 7 (some duplicates have been removed)
now, august 2nd is the big date, and the hard deadline or the u.s. default defaults on the $14.3 trillion debt. the white house says that lawmakers need a basic plan in place by today if they are going to be able to craft a bill in time to avert a default. nbc's kristen welker is following all of this for us live at the white house. kristen, good afternoon. where do we go from here? what is the bottom line? a lot of talking from the white house and the republicans and where does it all stand and what is next? >> hi, there, jeff. house speaker john boehner and president obama are saying that they are not close to a deal, but there has certainly been a lot of chatter about a potential deal. here is what it would look like. it would involve $3 trillion in deficit reductions over the next decade. it would include immediate cus s to discretionary spending right off of the top, and then over time, you'd see some changes in entitlements things like social security and medicare and also some changes to the tax code including a roll back for tax breaks for the wealthy americans and the
to happen here with rupert murdoch and his son james tomorrow? >> well, that is certainly, that is the big question. and rupert murdoch and his son james, and rebekah brooks, who are appearing before the select committee have to be so careful, and so careful in fact, that rupert murdoch's biographers saying he is in rehearsals and being coached by aides and he is walking a fine line, because on one hand, he is under oath, and so like he and his son and rebekah brooks, they can't lie. if they do lie, it is a crime. so they have to be careful what they say. they can't mislead this group, but at the same time, they don't want to give too much away either, because this is such a reprehensible difficult and negative story that any facts on how to what extent the criminality of how far it went up the ladder at any of the companies as the facts come out, it could well, we could well see a drop from the bottom just out of news corporation. today, already, tamron, we saw a 5% jump in news corp stock in australia. so that the wheels of this amazing story just keep rolling along, and you mentioned in
this is impacting the temperatures that we're seeing. >> well, it's a big ridge of high pressure that's very strong and doesn't want to move, and we might be looking at it for a long period of time. we talk a lot about the humidity and what role that plays. your body tries to cool off by using sweat and evaporation. that doesn't happen very easily if you've got a lot of moisture in the atmosphere. coming up in the next hour, it will feel like 109 in chicago, 108 in st. louis, and the real problem for people who don't have air conditioning is what happens at night. we go to 11:00 tonight. it will still feel like 101 in st. louis. that's crazy. 95 in chicago and 89 in cincinnati, and this isn't going to change very much. again, it's a big ridge of high pressure. we talked about this heat dome gradually descending air. it's very strong and when fronts try to move in, they are redirected off to the north, and we don't get very much cool air at all. we're going to watch this ridge gradually expand a little farther east in the coming days, so it's going to be getting warmer into the northeast. by friday
update on the situation in mumbai. >>> now to our other top story, several big developments in the explosive hacking scandal threatening rupert murdoch's media empire. earlier today, news corp suddenly called off its $12 billion bid to take over british sky broadcasting, the largest satellite broadcaster and hours before parliament was scheduled to vote against that deal. also today, prime minister david cameron said he would look into allegations that 9/11 victims were targeted in the scandal and here at home, new york senator jay rockefeller wants the fbi to look into whether the scandal has crossed the pond. rockefeller and others want to know if news corp's papers have broken u.s. laws and spied on people here in the states. nbc's stephanie gosk joins us now from london. there was pressure for news corp to pull out of this deal, and they caved into the pressure here. >> reporter: british politicians are much like american politicians, don't agree on much, but came together over this issue. they felt that murdoch needed to back off of this deal, a multi-billion deal to ac
Search Results 0 to 6 of about 7 (some duplicates have been removed)

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